Business

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Business, Technology, Government

Capitol Tree Is Cut, Loaded Onto Kenworth T680 for 4,000-Mile Journey

An 80-foot Englemann Spruce tree, chosen for its perfectly cylindrical shape, was loaded onto a Kenworth T680 truck Nov. 2 to begin its 4,000-mile journey to Washington, D.C., where it will serve as the U.S. Capitol Christmas Tree.

November 6, 2016
Business, Equipment, Technology, Safety

Commercial Vehicle Group Results Fall Amid Lower Class 8 Production

Cab-related products and systems supplier Commercial Vehicle Group Inc. reported net income and revenue fell in the third quarter amid significantly lower heavy-duty truck production in North America.

November 4, 2016
Business

Trucking Adds 3,000 Jobs in October, Department of Labor Reports

For-hire trucking gained 3,000 jobs in October, while overall payrolls increased by 161,000, the Labor Department reported Nov. 4.

November 4, 2016
Business

TravelCenters of America Forms Commercial Tire Network

TravelCenters of America announced the formation of the TA Truck Service Commercial Tire Network to meet increased customer demand for flexible, efficient sourcing of commercial tires.

November 4, 2016
Business

Ryder Launches Mobile-Friendly Used Truck Website

Ryder System Inc. said it launched a mobile-friendly, pre-owned vehicle sales website,  Usedtrucks.Ryder.com, to make it easier for customers to locate pre-owned vehicles from its inventory.

November 4, 2016
Government, Business

Port of New York and New Jersey Reports Weaker Imports and Exports in September

The Port of New York and New Jersey reported a drop in container traffic in September 2016 versus the year prior, according to numbers released Nov. 3.

November 4, 2016
Business

TRIP Report: Decaying Urban Roads Costly to Drivers

Roadways in poor condition in urban regions cost motorists as much as $1,000 annually, a nonprofit transportation group noted in a report this month.

November 4, 2016
Business, Logistics

Leased Hanjin Containers Going Back to Asia

Containers that were leased to Hanjin Shipping Co. and stuck at the trucking company’s yard can now be returned to the Port of Long Beach, California, and loaded onto a vessel chartered to take them back to Asia.

November 4, 2016
Business, Technology

Truckstop.com Teams With FTR to Offer Rate Forecasting Service

DALLAS — Truckstop.com is preparing to launch a service that forecasts rates for spot market freight as far as a year in advance.

Seth Clevenger | Managing Editor, Features and Multimedia
November 4, 2016
Business

USA Truck Posts $700,000 Loss; Second Straight Quarter in the Red

USA Truck Inc. lost $700,000 in the third quarter, the second consecutive three-month period in which the company spent more money than it earned, the company announced Nov. 4.

November 4, 2016